Friday, November 22, 2019

Morning Charts 11/22/2019 SPX

Started jawing with our old friend Incarnate this morning about UGA TX A&M game this Saturday. He an Aggie fan. Our last hurdle before LSU and the SEC Championship. Headed to Athens this afternoon to see LS1 and turn the party knob up to 10.

OIG report and Huber testimony in December combined with the FISA investigation HOPEFULLY means we’re going on offense. I’ll be most curious to see how the MSM frames it all. Dems should be jumping in front of it, but they’re a bit behind right now IMO. May be the best Xmas gift we can all get.

Q posting frenzy continues. Some important nuggets here.

Negative rates?

On to the lie -

That’s a HUGE bet.

Other than any CHINA!!! issues things remain capped. Low volatility QE4 contained or controlled movement keeps the safe space investing mantra alive for now. I want SPX to backtest 3k. I also believe they want the DOW to hit the 30k milestone.

More to come below.

Have a good day.

GL and GB!

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